[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.04.13 10:09
• [Egypt upgrades industrial infrastructure, attracting Chinese enterprises]
• In April 2026, Egypt launched the upgrading plan for the four links in the Upper Egypt Industrial Park, prioritizing the improvement of water, electricity, and road facilities, and introducing private capital to participate in operations, providing a new window for Chinese manufacturing enterprises to go global.Editor/Gao Xue

• 2026.04.13 10:07
• [United Energy Group signs contract for Egypt green hydrogen project]
• In April 2026, United Energy Group signed a memorandum of understanding with Egyptian companies to jointly build a green hydrogen hub along the Mediterranean coast, with a daily production capacity of approximately 480 tons of green ammonia, targeting the European energy market.Editor/Gao Xue